WASHINGTON–Both CUNA and NAFCU have expressed opposition to a recent announcement by the Federal Reserve that it had finalized updates to the Board’s Regulation II rule, which states card issuers must authorize “at least two payment card networks” on card-not-present transactions, including online.
ROME, N.Y.– AmeriCU said effective this month it is providing all of its employees with a “Personal Day of Meaning” (PDM) for all employees beginning this month. According to the credit union, the Personal Day of Meaning is paid time off that employees will have available to use to volunteer at a charitable organization of their choice.
NEW YORK–The rapid pace of rate hikes by the Fed and the accompanying increase in mortgage rates has led to an “interesting statistical anomaly” in the housing market, according to a new report.
ARLINGTON, Va.—Total vehicle sales rose to 13.5 in September from 13.1 million annualized units in August, with monthly sales levels up 9.6% year-over-year.
PORTLAND, Maine—Town & Country FCU is expanding its partnership with Co-op Solutions to move beyond its debit processing to full-service credit processing, as well as participation in the nationwide Co-op ATM network.
WASHINGTON—The Community Development Financial Institution (CDFI) Fund has issued a first look at a revised Application and Annual Certification and Data Collection Report (ACR), as well as revisions on its data collection mechanisms.
CHICAGO–The Leaders Network, a collaboration between faith and community leaders who are working to improve the quality of life in the westside communities of Chicago, said it has signed a memorandum of understanding with Great Lakes Credit Union to open a branch on the West Side.
NEW RICHMOND, Wis.- The Royal Credit Union Foundation has made a $500,000 gift dedicated to the construction of Freedom Park Center in New Richmond, Wis.
ST. PAUL, Minn.– NetGiver, a philanthropy app owned by the Minnesota Credit Union Network, has become the first CUSO to join the companies that are part of Seattle-based BECU’s Fintech Incubator.
WASHINGTON—The fees for telemarketers accessing phone numbers on the National Do Not Call (DNC) Registry will increase in FY 2023, which starts on Oct. 1, 2022.
